XRP Traders Anticipate New ETF Launches to Reignite Bullish Momentum

Summary:
A critical week for XRP is on the horizon with the anticipated launch of several spot ETFs on major U.S. exchanges. This development could bring substantial institutional investment into the XRP market. Traders are focusing on the pivotal price level of $2.20, hoping it can serve as a foundation for price growth towards $2.60.

Key Takeaways:

Four spot XRP ETFs are expected to debut across key U.S. exchanges, potentially bringing significant institutional funding into the XRP market.
For XRP to maintain its upward trend, it needs to establish $2.20 as a support level while striving toward $2.60.

XRP is poised for a significant week as four spot ETFs are set to launch, which could release billions of dollars in institutional capital into the market. After finding support at $2.20, traders are optimistic that these ETF launches can catalyze a price rally towards $2.60.

XRP traders hope fresh wave of ETF launches will restore the bull trend

Upcoming Launch of Spot XRP ETFs

This week marks the anticipated approval of four spot XRP ETFs, with an additional three expected to follow within the next 21 days.

XRP ETF possible lunch dates. Source: Crypto Barbie

Canary Capital's XRPC launched on November 13 on Nasdaq, achieving a remarkable $58 million in first-day trading volume and drawing in $245 million in total inflows. This performance surpassed all other ETF launches in 2025, eclipsing the Bitwise Solana ETF (BSOL) that launched on October 28. This success has led traders to become bullish on XRP’s future price potential.

REX/Osprey's XRPR made its debut on September 18, generating nearly $38 million in volume on its first day, leading to an 18% price increase before its launch and quickly accumulating $150 million in assets under management. JPMorgan has predicted that XRP ETFs could unlock between $4 billion and $8 billion in inflows during their inaugural year.

The Importance of Defending the $2.20 Price Level

Technically, XRP faces a crucial test at the $2.20 mark, which has provided support since the market drop on October 10.

Reclaiming this price level could enhance the likelihood of a rebound, with the next significant resistance located between $2.34 and $2.41, where key moving averages converge.

XRP/USD four-hour chart. Source: Cointelegraph__TradingView

“$XRP is consolidating above $2 in a pennant formation, indicating a potential bottom,” noted crypto analyst Marzel in a post on X on Monday. He further observed:

The CoinGlass liquidation heatmap indicates that liquidity is concentrating around $2.20, with considerable sell orders positioned between $2.34, $2.41, and $2.67. This suggests that XRP’s upside may be limited around these levels in the short term.

XRP liquidation heatmap. Source: CoinGlass